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Ecuador: Judge orders Chevron to pay $8.6 billion fine

“The eighteen-year lawsuit against Chevron came to a climax when a judge ruled that Texaco (now owned by Chevron) was liable environmental damages in the Ecuadorian rainforest. The court decreed that the oil company pay a reported $8.6 billion fine and apologize publicly or risk doubling the damages figure,” reports Erwin in The Latinamericanist.

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